What is the Qualifying Rate?

You may have heard of the term 'qualifying rate'. There is some confusion about what this means and how it affects you as a borrower.

Who is it for?

What should I know?

When should I think about it?

How do I get it?

How can I reduce my mortgage interest rate? 

Much of this process will depend on which lender you use. However, there are several things you can do yourself to improve your chances:

How is it used? 

Leave a Reply

Your email address will not be published.